RE: Re-18 Apr 2024 14:07
Keep saying trade, took years for Shell and Conoco to leave , said leaving after 2008/9 FLNG plan was given the TL NO
Years later , their 56% was taken by a TL loan from the Sovereign petroleum wealth fund that pays 85-95% of the Island budget annually, for $650m, 2019 prices , pre gas boom. Making that deal 5tcf Sunrise a $1 Billion+ asset then.
Boil hold the other Shell departure , 60% of 3.5 tcf